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Turnkey Duplex Near Downtown

415 MAPLE Way Safety Harbor, FL 34695

415 MAPLE Way, Safety Harbor, FL, 34695
$725,000
For Sale
$725,000

MULTI_FAMILY - SAFETY HARBOR, FL

Property Size1,844 SF
Lot Size0.15 Acres
Price / SF$393.17
Days on Market48

Property Features for 415 MAPLE Way

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Family Room, Bedroom 3, Bathroom 1
Window features
Window Treatments
Pets allowed
Cats OK, Dogs OK
Interior features
Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments
Exterior features
Fence
Fencing
Fenced
Appliances
Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Standard status
Active
APN
04-29-16-99630-002-0150
Size
1,844 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
YOUNGBLOOD'S, J.J. ADD BLK 2, LOT 15 LESS E 30FT FOR RD R/W PER O.R. 3233/ 747 TOGETHER WITH E 30FT OF VAC GRACE ST ADJ ON W
Tax Annual Amount
5016

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Listing agency REAL ESTATE FIRM OF FLORIDA, LLC
Listed by Andrea Straub · License #3073847
Added: Jun 4 Updated: Jul 20 at 9:04PM Checked: Jul 21 at 7:06PM
MLS# TB8516194

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey duplex offers two fully designer-remodeled units in a high-and-dry concrete block construction. Each unit is furnished and includes updated interiors and appliances, with 3 bedrooms and 1 bath, new kitchens with updated cabinetry and countertops, renovated bathrooms, new flooring, lighting, baseboards, interior doors, walls, and ceilings. The property also includes separate utilities and Wi-Fi. Unit B features a private fenced backyard with direct access from the kitchen, while Unit A has a spacious front yard.

The property is located in Safety Harbor, just steps from charming downtown Safety Harbor and the shores of Old Tampa Bay, with designated parking directly in front of the property.

Zoned R-3 (Conditional Mixed Residential). Buyers are encouraged to verify intended uses with the City of Safety Harbor.

Key Highlights

  • Duplex built in 1970 with concrete block and stucco exterior features and shingle roof
  • Each unit includes approx. 922 SF with 3 bedrooms and 1 updated bathroom, plus family room
  • Designer remodel updates include new kitchens, updated cabinetry/countertops, new flooring, lighting, doors, baseboards, walls, and ceilings

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.0k $17.88
− Vacancy −$2.2k −$1.21
EGI $30.7k $16.67
− OpEx −$9.2k −$5.00
NOI $21.5k $11.67
1,844 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$307.5K
$269.1K – $358.7K (±1% cap)
NOI $21,524 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K (±1% cap)
NOI $16,959 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$479.6K
$419.7K – $559.6K (±1% cap)
NOI $33,575 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Plumbing Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom Barber Shop Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Concrete-block duplex with professionally remodeled, furnished units and designated front parking.
Where is this duplex located?
The property is located at 415 MAPLE Way Safety Harbor, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex built in 1970 with concrete block and stucco exterior features and shingle roof; Each unit includes approx. 922 SF with 3 bedrooms and 1 updated bathroom, plus family room; Designer remodel updates include new kitchens, updated cabinetry/countertops, new flooring, lighting, doors, baseboards, walls, and ceilings
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